Britney Spears Gets On Path, Which Is Raising Up To $30M At A $250M Valuation

Alexia Tsotsis

Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

Thursday, March 15th, 2012

So rumor (and Twitter) has it that singer Britney Spears was at Path yesterday, hanging with founder Dave Morin in their spacious offices — and actually sitting at the Path boardroom table.

The popular popstar has created a Path account, which is sort of counterintuitive as the mobile social network only limits you to 150 friends. This was Spears’, who has over 14 million followers on Twitter, first time visiting Silicon Valley.

Rumor also has it that Path is raising a Series B round of funding, wanting to bring in between $25 million to $30 million at a $250 million valuation. Existing investors and Khosla and Greylock have expressed interest amidst an environment that is producing many high-profile Series B raises.

The company has previously raised a total of $11.2 million in angel and Series A funding from Index VenturesFirst Round CapitalFounders FundSV Angel, Crunchfund and others. It recently experienced unprecedented scale, due to a successful pivot.

Update: We’re hearing that Spears also visited the SOMA-based Beautylish. Guess she’s interested in tech, finally.


Company: Path
Website: path.com
Launch Date: November 2010
Funding: $41.2M

Path brings people closer together. Guided by the belief that mobile technology will fundamentally change the cultural, social, and economic landscape, Path focuses on simplicity, quality, and privacy to provide the best mobile personal networking service in the world. Path was designed with the people you love, your closest friends and family, in mind. It’s a trusted, intimate environment like your dinner table at home. 5 star rated, top 10 ranked, Path is loved by tens of millions of...

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